RIYADH: Foreign Minister Adel Al-Jubeir denied that the Kingdom had ever threatened the United States that it would withdraw its investments.

He said that it had talked about the seriousness of a bill authorizing the victims of the 9/11 attacks to raise compensation claims against Saudi Arabia and that “it would hit investors’ confidence.”

The federal criminal court of New York had turned down a case filed against the Kingdom by lawyers on behalf of thousands of victims of the 9/11 attacks and business insurance companies who had lost billions. The case was filed to demand compensation.

The court said that it did not see any ground for continuation of the case against the Kingdom.

The Twitter account of the Saudi Foreign Ministry tweeted Al-Jubeir’s statement, which he made in front of the international media in Geneva, saying that the “American draft law prohibits sovereign immunities, which turns international law into the law of the jungle.”

Al-Jubeir said that the American administration opposed the draft bill which would also be opposed by all countries of the world.

He said that the Kingdom did not use monetary policies of energy for political purposes: “When we invest, we do it like investors. When we sell oil, we sell like traders.”

The Saudi Embassy in Washington said that the American probe committee for the 9/11 attacks emphasized that there was no proof to establish that the Kingdom was supporting or financing Al-Qaeda.

It also said that “we did not find any proof against the Saudi government … nor against senior officials of it for financing Al-Qaeda.”